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Petroleum Engineer: United States vs South Korea

Side-by-side salary comparison Β· Estimated based on OECD & BLS data

πŸ‡ΊπŸ‡Έ United States pays 64% more

Higher Pay
πŸ‡ΊπŸ‡Έ

United States

USD

Estimated Salary (USD)

$120,060

per year

Local Currency (USD)

$120,060

per year

PPP Adjusted

$107,397

purchasing power

Big Mac Power

21,100

burgers / year

Global Percentile

Top 0%

πŸ‡°πŸ‡·

South Korea

KRW

Estimated Salary (USD)

$73,313

per year

Local Currency (KRW)

β‚©96,773,160

per year

PPP Adjusted

$155,487

purchasing power

Big Mac Power

14,901

burgers / year

Global Percentile

Top 45%

Visual Comparison

Salary (USD)

πŸ‡ΊπŸ‡Έ United States
$120.1K
πŸ‡°πŸ‡· South Korea
$73.3K

PPP Adjusted (USD)

πŸ‡ΊπŸ‡Έ United States
$107.4K
πŸ‡°πŸ‡· South Korea
$155.5K

Big Mac Power (burgers/year)

πŸ‡ΊπŸ‡Έ United States
21,100
πŸ‡°πŸ‡· South Korea
14,901

Key Takeaways

  • ●

    Petroleum Engineers in United States earn 64% more than in South Korea (nominal USD).

  • ●

    After adjusting for purchasing power (PPP), South Korea actually leads by 45%.

  • ●

    Using the Big Mac Index, a Petroleum Engineer's salary buys 1.4x more Big Macs in United States.

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Frequently Asked Questions

Who pays Petroleum Engineers more: United States or South Korea?β–Ύ

United States pays Petroleum Engineers an estimated $120,060 USD per year, which is 64% more than South Korea's estimated $73,313 USD.

What is the PPP-adjusted salary for a Petroleum Engineer in United States vs South Korea?β–Ύ

The PPP-adjusted salary is $107,397 USD in United States and $155,487 USD in South Korea. PPP adjustment accounts for cost of living differences between the two countries.

How does the purchasing power compare for Petroleum Engineers?β–Ύ

Using the Big Mac Index, a Petroleum Engineer in United States can buy about 21,100 Big Macs per year, while in South Korea it's about 14,901 Big Macs.

Estimated based on OECD & BLS data. Actual salaries vary by experience, company, and region. Data is for informational purposes only.

Sources: BLS OEWS Β· OECD Β· World Bank Β· Big Mac Index